Icelandair Group: “At the beginning of the year we issued an EBITDA forecast for 2013 in the range of USD115-120 million; this forecast was increased to USD122-127 million on the posting of the interim report for the first quarter. Over the first six months of the year operations have been successful and external trends have also favoured the Company. Fuel prices have been lower than assumed in the Company's forecasts, and the trends in currency prices have also been positive compared to the assumptions in the Company's forecasts. The booking situation for the second half of the year is good, and based on current assumptions EBITDA is now projected in the range of USD140-145 million,” Björgólfur Jóhannsson, President and CEO. Source: Company statement, 31-Jul-2013.

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